Common use of Waivers of Events of Default Clause in Contracts

Waivers of Events of Default. The Trustee may in its discretion waive any Event of Default hereunder and its consequences and rescind any declaration of maturity of principal of and interest on Bonds, and shall do so upon the written request of Bondowners owning 100% in aggregate principal amount of all the Bonds then Outstanding and satisfaction of the conditions set forth in Section 9.01(b) of this Indenture. In case of any such waiver or rescission, or in case any proceedings taken by the Trustee under this Indenture on account of any such Event of Default shall have been discontinued or abandoned for any reason, or shall have been determined adversely, then and in every such case the Issuer, the Trustee and the Bondowners shall be restored to their former positions, rights and obligations hereunder, respectively, but no such waiver or rescission shall extend to any subsequent or other Event of Default, or impair any right consequent thereon, and all rights, remedies and powers of the Trustee shall continue as if no such proceedings have been taken.

Waivers of Events of Default. The Trustee may in its discretion waive any Event of Default hereunder and its consequences and rescind any declaration of maturity of principal of and interest on the Bonds, and shall do so upon the written request of Bondowners owning 100the Owners of at least 51% in aggregate principal amount of all the Bonds then Outstanding and satisfaction of the conditions set forth in Section 9.01(b) of this IndentureOutstanding. In case of any such waiver or rescission, or in case any proceedings taken by the Trustee under this Indenture on account of any such Event of Default shall have been discontinued or abandoned for any reason, or shall have been determined adversely, then and in every such case the Issuer, the Trustee and the Bondowners Owners shall be restored to their former positions, rights and obligations hereunder, respectively, but no such waiver or rescission shall extend to any subsequent or other Event of Default, or impair any right rights or remedies consequent thereon, and all rights, remedies and powers of the Trustee shall continue as if no such proceedings have had been taken.

Waivers of Events of Default. The Trustee may in its discretion waive any Event of Default hereunder and its consequences and rescind any declaration of maturity of principal of and interest on BondsBonds of a series, and shall do so upon the written request of Bondowners owning 100the Owners of at least 50% in aggregate principal amount of all the Bonds of a series then Outstanding and satisfaction of the conditions set forth in Section 9.01(b) of this IndentureOutstanding. In case of any such waiver or rescission, or in case any proceedings taken by the Trustee under this Indenture on account of any such Event of Default default shall have been discontinued or abandoned for any reason, or shall have been determined adversely, then and in every such case the Issuer, the Trustee and the Bondowners shall be restored to their former positions, rights and obligations hereunder, respectively, but no such waiver or rescission shall extend to any subsequent or other Event of Defaultdefault, or impair any right consequent thereon, and all rights, remedies and powers of the Trustee shall continue as if no such proceedings have had been taken.

Waivers of Events of Default. The Trustee may in its discretion waive any Event event of Default default hereunder and its consequences and rescind any declaration of maturity of principal of and interest on the Bonds, and shall do so upon the written request of Bondowners owning 100% in aggregate principal amount the holders of (1) all the Bonds then Outstanding outstanding in respect of which default in the payment of principal and/or premium, if any, and satisfaction interest or (2) all Bonds then outstanding in the case of any other default; provided, however, that there shall not be waived any event of default in the payment of the conditions set forth principal of any outstanding Bonds at the date of maturity specified therein, and all expenses of the Trustee in Section 9.01(b) of this Indenture. In connection with such default shall have been paid or provided for, and in case of any such waiver or rescission, or in case any proceedings proceeding taken by the Trustee under this Indenture on account of any such Event of Default default shall have been discontinued or abandoned for any reason, or shall have been determined adversely, then and in every such case the Issuer, the Trustee and the Bondowners Bondholders shall be restored to their former positions, positions and rights and obligations hereunder, respectively, but no such waiver or rescission shall extend to any subsequent or other Event of Defaultdefault, or impair any right consequent thereon, and all rights, remedies and powers . (End of the Trustee shall continue as if no such proceedings have been taken.Article VII)